American Pride Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by American Pride Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 721110 | Hotels (except Casino Hotels) and Motels | 45 | $118.5M | $2.6M | 73.8% |
| 722511 | Full-Service Restaurants | 3 | $1.0M | $342K | 4.9% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 2 | $645K | $322K | 3.3% |
| 722513 | Limited-Service Restaurants | 1 | $302K | $302K | 1.6% |
| 423120 | Motor Vehicle Supplies and New Parts Merchant Wholesalers | 1 | $1.6M | $1.6M | 1.6% |
| 621498 | All Other Outpatient Care Centers | 1 | $250K | $250K | 1.6% |
| 457110 | Gasoline Stations with Convenience Stores | 1 | $1.9M | $1.9M | 1.6% |
| 722515 | Snack and Nonalcoholic Beverage Bars | 1 | $175K | $175K | 1.6% |
| 812910 | Pet Care (except Veterinary) Services | 1 | $2.5M | $2.5M | 1.6% |
Geographic Distribution
SBA lending activity for American Pride Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Georgia (GA) | 27 | $46.4M | 44.3% |
| South Carolina (SC) | 9 | $20.0M | 14.8% |
| Texas (TX) | 6 | $18.7M | 9.8% |
| North Carolina (NC) | 7 | $16.6M | 11.5% |
| Alabama (AL) | 3 | $5.9M | 4.9% |
| Florida (FL) | 1 | $5.0M | 1.6% |
| Virginia (VA) | 1 | $5.0M | 1.6% |
| Oklahoma (OK) | 1 | $4.9M | 1.6% |
| Tennessee (TN) | 2 | $4.5M | 3.3% |
| Louisiana (LA) | 1 | $3.4M | 1.6% |
| Illinois (IL) | 1 | $2.5M | 1.6% |
| New Mexico (NM) | 1 | $1.4M | 1.6% |
| Arkansas (AR) | 1 | $1.2M | 1.6% |
Why Choose American Pride Bank?
Based on SBA 7(a) lending track record from 2013-2026
- ✓Proven Track Record: 61 SBA loans approved, totaling $135.5M in financing
- ✓Industry Expertise: Specialized focus on Hotels (except Casino Hotels) and Motels, Full-Service Restaurants, Drycleaning and Laundry Services (except Coin-Operated)
- ✓Competitive Terms: Average interest rate of 6.63% with flexible term lengths averaging 277 months
- ✓Loan Range: Loan sizes from $155K to $5.0M, with an average of $2.2M
- ✓Nationwide Reach: Active lending in 13 states, with strong presence in GA, SC, NC
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about American Pride Bank SBA lending
What types of businesses does American Pride Bank typically finance?
American Pride Bank specializes in SBA 7(a) lending to specific industries including hotels (except casino hotels) and motels, full-service restaurants, drycleaning and laundry services (except coin-operated), limited-service restaurants. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are American Pride Bank's typical SBA loan terms?
American Pride Bank's SBA 7(a) loans typically feature an average interest rate of 6.63% and average term length of 277 months (approximately 23 years). Loan sizes range from $155K to $5.0M, with an average loan size of $2.2M.
Do I need a business valuation for a American Pride Bank SBA loan?
Yes, American Pride Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does American Pride Bank compare to other SBA lenders?
American Pride Bank has originated 61 SBA loans totaling $135.5M since 2013. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does American Pride Bank lend in?
American Pride Bank provides SBA 7(a) financing with particularly strong presence in GA, SC, NC, TX, AL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
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